Georgia’s foreign trade turnover down 2% Jan-Jul

Georgia’s foreign trade turnover down 2% Jan-Jul

Data for January-July of previous years. (GeoStat.)

TBILISI, DFWatch–Foreign trade turnover in January-July 2013 fell by 2 percent compared to the same period in 2012, according to preliminary data from Georgia’s National Statistics Department, GeoStat.

The total foreign trade turnover in the first seven months of 2013 was USD 5 662 million. Out of this, USD 1 476 million was export, which is 9 percent more than in 2012, and USD 4 186 was import, which is a 5 percent drop, compared to last year.

The negative net balance in January-July was USD 2 710 million, which is 48 percent of the whole foreign trade turnover.

Precise data will be published on August 26.

According to the precise data of January-June 2013, foreign trade turnover was USD 4 713 million, which is 3 percent less than in 2012. The total foreign trade turnover in the whole of 2012 was USD 10 220 million.